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IIMK LIVE BIP — 2-Year Incubation & Mentorship for Startups

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Quick answer

IIMK LIVE's Business Incubation Programme offers up to two years of mentorship, co-working space, and investor access for startups with a proof of concept.

Funding amount
Varies by program
Funding type
Grant
Provider
IIMK LIVE (Academic)
Application deadline
31 Aug 2026
Eligible stage
Any stage
Location
Open to startups registered in India

Overview

The IIMK LIVE Business Incubation Programme (BIP) is run by the Entrepreneurship Development Centre and Business Incubator at the Indian Institute of Management Kozhikode's Kochi Campus. It is designed to help aspiring entrepreneurs turn innovative ideas into scalable ventures by providing structured guidance and resources during the critical early stages of startup development.

The programme focuses on Business Model Validation and achieving Product-Market Fit. It supports startups for a maximum of two years from the start of assistance. During this time, founders receive expert mentorship, access to a vibrant startup ecosystem, physical incubation support in modern co-working spaces, and connections to potential investors and government funding schemes.

The BIP is open to startups from all sectors and does not require any prior affiliation with IIMK. It aims to foster innovation and entrepreneurship across diverse domains, helping founders refine their value propositions, identify target markets, and build sustainable growth strategies.

Highlights

  • Up to 2 years incubation support
  • Expert mentorship and advisory
  • Access to co-working spaces at subsidised rates
  • Investor and government scheme access
  • Open to all sectors and entrepreneurs
  • No prior funding restriction for applicants

Who can apply

To apply, your startup must have a proof of concept or a working prototype. The venture must be registered as a company; if not, it must complete registration within three months of admission confirmation. The programme is open to all entrepreneurs, including those not affiliated with IIMK. Ventures promoted by IIMK students, alumni, or faculty may receive priority if their idea holds similar merit.

IIMK LIVE BIP — 2-Year Incubation & Mentorship for Startups is open to startups at any stage. It is open to startups registered anywhere in India.

Eligible stage
Any stage
Location
Open to startups registered in India

Deadline & timing

Applications for IIMK LIVE BIP — 2-Year Incubation & Mentorship for Startups are open and the current deadline is 31 Aug 2026. Applications are closing soon, so prepare your documents early. Deadlines can change — always reconfirm on the official source before submitting.

What the funding covers

While IIMK LIVE is in the process of developing its own direct seed capital funds, the BIP offers substantial non-financial support and facilitates access to external funding. Benefits include:

  • Expert Mentorship and Advisory Services: Receive personalised guidance from experienced mentors, IIMK faculty, and industry leaders to refine business models and overcome operational challenges.
  • Structured Incubation Support: A comprehensive framework to help you validate your business model and achieve product-market fit.
  • Access to Co-working Spaces: Use smart, Wi-Fi-enabled co-working spaces, meeting rooms, and conference facilities at subsidised rates at the Kochi campus.
  • Networking and Market Connect: Join a vibrant peer community of startups, IIMK faculty, and students, with access to exclusive events, seminars, and workshops.
  • Investor Access and Fundraising Support: Get introductions to a curated network of angel investors and venture capitalists, plus guidance on navigating external funding schemes like government grants.
  • Credibility and Recognition: Use the 'Incubated at IIMK LIVE' tag to enhance credibility and improve access to government startup schemes and external funding channels.

About the provider

IIMK LIVE BIP — 2-Year Incubation & Mentorship for Startups is offered by IIMK LIVE, an academic institution. It is delivered directly by IIMK LIVE as a grant. You can verify current details and timelines on the provider's official website before applying.

How to apply

Applications are submitted on the official portal. Confirm the current deadline and document checklist there before you start.

Selection process

The selection process begins with an expression of interest, where you submit your startup idea and business plan, clearly demonstrating a proof of concept or prototype. After an initial screening based on novelty, market opportunity, team strength, and scalability, shortlisted applicants are invited to present their idea and plan to a selection committee at the IIMK Campus in Kochi. The committee evaluates the presentation on innovativeness, feasibility, founding team strengths, and market opportunity. If selected, you must complete company registration (if not already done) within three months of admission confirmation. Finally, you pay the half-yearly incubation fee and begin onboarding, which grants access to all programme resources for up to two years.

Documents you’ll need

Before you apply to IIMK LIVE BIP — 2-Year Incubation & Mentorship for Startups, keep the following documents ready:

  • A pitch deck or short business plan describing the problem, product and traction
  • Company registration documents and PAN
  • Founder identification (PAN / Aadhaar) and brief profiles
  • Recent financial statements or projections
  • Product details — a demo, prototype or working link if available

Exact requirements are confirmed on the official application portal — treat this as a preparation checklist.

Frequently asked questions

How much funding is offered by the IIMK LIVE BIP?

The programme does not provide direct seed capital at this time. Instead, it offers non-financial support, including mentorship, incubation, co-working space, and investor connections. It also helps you access government funding schemes and external investors to secure capital.

What is the deadline to apply?

The application deadline is 31 August 2026.

Who is eligible to apply?

The programme is open to any entrepreneur or startup, regardless of affiliation with IIMK. You must have a proof of concept or a working prototype, and your venture must be registered as a company (or you must complete registration within three months of admission confirmation). Ventures promoted by IIMK students, alumni, or faculty may receive priority if the idea holds similar merit.

Is there any sector or state restriction?

No, the programme is open to startups from all sectors and does not specify any state restrictions.

Is DPIIT or MSME registration required?

There is no mention of DPIIT or MSME registration requirements. However, your venture must be registered as a company, or you must register within three months of admission.

Does the programme take equity?

No, the programme does not take equity. It is an incubation programme, not an equity-based accelerator, and no equity stake is mentioned.

What documents are typically needed to apply?

You need to submit a detailed startup idea and business plan demonstrating your proof of concept or prototype. The application can be initiated by contacting enquiry@iimklive.org.

How and where do I apply?

You can apply by submitting your expression of interest and business plan via the provided application form (Google Form link) or by contacting enquiry@iimklive.org. The selection process includes an initial screening and a presentation to the selection committee at the IIMK Campus in Kochi.

Is there an incubation fee?

Yes, incubatees are required to pay a half-yearly incubation fee of ₹18,000 plus applicable taxes for each six-month term throughout the incubation period.

Can startups that have already raised funding apply?

Yes, the programme does not restrict applicants based on prior funding. It focuses on early-stage ventures with innovative ideas and a clear path to product-market fit.

Who offers IIMK LIVE BIP — 2-Year Incubation & Mentorship for Startups?

IIMK LIVE BIP — 2-Year Incubation & Mentorship for Startups is offered by IIMK LIVE, an academic institution. It is provided as non-dilutive funding.

How do I apply for IIMK LIVE BIP — 2-Year Incubation & Mentorship for Startups?

Apply directly through the official application link on this page. Review the eligibility criteria and prepare your startup documents before you begin.

More funding from IIMK LIVE

IIMK LIVE runs 3 other programs listed on startupfunds — compare them before you decide where to apply.

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Alternatives to IIMK LIVE BIP — 2-Year Incubation & Mentorship for Startups

Not sure IIMK LIVE BIP — 2-Year Incubation & Mentorship for Startups is the right fit, or already applied? These are other grants open to Indian startups that founders shortlist alongside it.

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